HomeMy WebLinkAbout0162 ~ ~ 1'71~5'7
• THIS INpENTtIRE.GMa~ +ti• 1Gth
y S. yas~ath ~aud Ts~a~ ~ ~ n.c. tv
68. b.n~.«~
Y y. Gyu~alhyT his wit~
of • UC f F~~ ~M~ ~~«~gTGAGOR," and FIRST FEDERAI SAVINGS AN~ IOAN
ASSOCIAt10N OF FORT PIERCE. • oorporation orpantrad and ~xistinp w+dK tM lawt of tM Urot~d St~ta o~ ~ic. .~?d ~+a~ ns af~.i ~.c. o~
busn+K. in d,. uty of Fvn Pt~rc.. St. tuti. cow+ty. F~o~id+. h.?.in.tu. daipe.»d a+~+.181NOa000
00
WHEREAS th~ MORTGAGOR ts ~uttty tod~Md to th~ MCRTGJIGEE tn th~ w+n of ~ 1 • Qoot! ~nd lawfui mon~Y of the Uoited
Srares ~dvannd by tM MORTGAGEE unto tM NWRiGAGOR, as ~vidMad by ~ prtain p~omissory not~ of even dat~ Mrewith, of wlach th~ followinp in
w«ds .ea fipw.. b ~ tnr. ooPr. wwN: ~,b 1S,Z40
~18~~~•~
{ , F~, Octab~s 17 ~q 68
fa vaiw nni~rod, 1, we or ~iM~r vf ~x, prom;K to p~y, v„tthow d~fal'catienv~to-i1» wdsr of FIRST fEOERAI SAVINGS AND LOAN ASSOCIATION OF
FOkT PIfRCE at Fart Pierc~, Fbrid~, tl» swn of ~ 18 ~ 0~~ ~ with int~rat from d~t~ ~t ths rat~ of 7• Z~X, p~r annum, in monthly insqll-
,,,~„n „~,ii~ ~143. ~ ~ t~ St11 Dlf.'~~! ~ 19 68 ~nd ~ lik~ swn on the correspondinp day of e~ch mor?th therr
after until tht whot~ b~ fully paid.
Each instaliment firit shail be applied in payrne~t of 1h~ intKest and then on tM w~psid bslancs of th~ p?inc~pal wm. If defsult h made ln th~
paymenl o~ anr iMt~llm~nf when thM, snd such defauh continws 30 d~ys„ then ~t tM optipn of .t~ holder. and without aoy other ootice, alt the remainuq
~~~r•16+wnn st+all be due and p~yabR at axs. Privii~p~ is ~iwo to prepiY this nol~ in wholi or in pa~t at any Y~me without pecwhy. Neitl~ forebsaranp,
nor acc~pu~ by t!w holder thsraof ~Ner any default in snY paymenq Mreoa, sMll b~ deemed eztension. A late 7• 15
payment dwrq~ of ~ sha!! b~
added to fath Fruqllment ~emainir~y w~p~jd 7 days af}N Ita du~ c~t~~ ~nd a lik~ sum ahall b~ added to e~ch suth Installtnent remainirq vnp~id 7 days afhr
each suta~ediny p~yment dats.
E~ch m~ker, surety ied endoner Mreof, ioi~tly u~d seve?~Ily, w~iws d~ma~d, prlsentmenT protat and ootice of p?otest fw rwnpayment, ~nd furth~r
agreea to ~ny eztension of tirtie of payment, eethsr befu~ or aRa muvretp, wttho~» notiu to ~ny of utj and ro pay all cosh of collection, includirg a
reason~ble attorney's fee in the event of ~?y defiuh ~sr~under, and hereby severally waives ~II benefit of homestead and excYnptioe ~nder the tonstitution
and laws of esth St~te of th~ United States, as sy~irat this oblipation w any ~xte~sio~ w ~e~ewsl t,ercof.
~trnss the hsnd snd sesi of each party.
/s/ Guy S. G a~,=salh ~
/s Taa~y C. Gya=s~thy ~
ts~?U
( 27 • ~ ~ Staa R~veew ~
(Srarnq c~ncslMd on oripin~l noM1
NOW, THEREfORE, ths MORTGAGOR fo~ the purpo~ of s~cvrirg paymer~t oi ~aid sum of ~ 18 •~0
. ~nd th~ performsnce of tM
covenants and apreemenq hertinafter expresscd, and for divers pood ~nd valwbls considKatio~s, by tlws~
releas~, oonwy a++d conf'am unto the MORTGAGEE, its s~oastora and usi9ns„ ~q tMt cen~in lot, piep or parce
of~ ~ qr~°t, ba~yain, sell. ~emise,
St. L11C3! u (+nd, situat~, lyinp, ud beirg in tM
Coumy d and Stm of Fbi~d+, dewibd as fdiows:
Rroa th~ Nozth~ast coYn~r of OUTIA? 2, of ~
~;.f P1at of WHI?E CTtY SUBDNISION, as r~COrded
o in PIa! Book l, page 23~ St. Lucit County,
a o Rlorida, Pub2ic R~cords, run th~nce Sast along ~g _ ~
3"~i ~ the North lin~ ext~nd~d o~ said OU?IA? Z, 12 `
~?1 N f~et; thenc~ South O d~y. 23 ain. Sast, 90 feet ~z~ ~
d to th~ point ot beginning of the tr~ct h~s~in ~ ~
r~i~,;~,~ d~sprib~d: Froa? said Point of Beginninq con- ~
' ~ Q~~,=~~~ tinu~ South O deg. 23 ain. East 175.0 fe~t;
~Z~~ j() tAenc~ Sauth 88 d~g. 42 Mira. w~est 24I.21 f~et; ~'g ~ '
~ o^ th~nce North O d~g. 30 ain. West 177.0 ltet; ~
~ ~ ~ a th~nce North 89 dtq. lZ ¦in. East ~ 241. 73 lt~t
~ ~ h x
to th~ int ot be ir~ni
~ N ~ I~ ~ n l i w°a p° 9 ~g said tract b~ing a ~
put af atoresaid OU?LO? Z h*HITE: CI?Y SUB- »Y~o
DIVISION, and a part af tra?ct conwyntd to T. W. ~
A1N(l0a Olson Dy County of St. Lucie, Rlorida, as re~ ~o~ C~°;
3i~(1l '1S cord~d in D~~d eook 197, paye 368, St. Lucie ~~b~ o~~ T
County, Rlorids, public r~cosds.~ ~O4 a~ h m
~op.rlw. witb .na .iny~d.. +h. t~n.m«,t~. IN..di+.ene~b .ea ,ppurr.ne.. n»r~wdo b.ronpiig « in .nyM,h. .pp~.?ak~k~p rM.s1o. ..id .U ..M.. ~p,
proc~eds and profits acuvinQ a~d fo acow frun s~id pr~mi~, ~II of whith an Y+dud~d in th~ abov~ ~nd for~yoinp dpaiption ~nd h~b~nd~xiw
t0 HAVE AN~ TO~p th~ abor~ dewib~d aad ~rW+hd p~s uroo th~ said MORTGAGEE, its wahson and usip~ fo?wN. Md th~ a~id
MORTL~I~QR i~! tl1liY ~s, t~a~ton, adminhtr~ton and assipns, Fw~by oov~n~MS with Nw saW MORTGAGEE, its wooesson ~d ~sfpn~,
rhat 7~[~y lawful s~izd of th~ wW pnrna~ in fN
M sYnpl~: tfiat th~ sarn~ an hN, cba? and di~dwrped frwn all INro ~ad ~nnak
branas in ~.w o. in .yu1+r. «d thar th~~ wiU aed th~it h.Ms sbd~ warr.in and d.hnd rM rNb a fh~ s«m w th. s.td
M~RtGAGEE, ib wows~on and au;pn~, forw~er aqairMt th~ lawfv! c1aln+s and dr+r?ands o# aU pniaaJ
PROYIOED, ALVMAYS that if tl~ INpRTGAGOR alwq py wao th~ MORTGAGEE tM promisfwy oot~ Mr~inb~fort dacrib~d ~nd shell t~+N. P~a^~M~Y
a~+d fulb P~++. ~~++nN• ~x~n++q. aompl~», eo~nply with and abide by ~ach and tvNy N+~ uipul~tions. +pr~e~nts„ eondrt~au and oovwwnb of s~id
promis~ory rwN snd of thb Mortp~pe, 1h~n tl~is lwort~pe a~d ths bt~» h~nby rn+hd shaN aaie and b~ null and vo+d.
IT IS UNDERSTC100 th~t tM word Mortpapor' wh~th~r b fl» sinpulw a pkml M?ywh~r~ in ti~ Matps~ ~hall b~ sNgulsr ff o~ only and !
•hail b~ piwd pimly ~nd sw~raily if nwn th~n one. ~nd Mn td~ wad "th~ir" ~s uwd anywlw~ in thw Mort~ap~ sh~ll b~ taka~ a m~an "hit," «h~r~,»
«"its." wlwrww the conqxt w imp~lias w dn+in. Atso. 1Mt wlwewr th~n k~ r~i~r~na tn tlr oov~ewnts aid pr~ l~~in aor?takwd /o anr of
rh~ pa?t3~s iw~to, th~ ww shall b~ oorntru~d a n~wn a vwll ~ th~ h~in. Igal np~mativw. a+oces~ors ~+id assipns (NH~u voiww~ry by act of th~
P+n~ «~+~Y bf? apv~tion of th~ law) of th~ t~ms and tlyt tM oo~r~nts h~reb tomakwd ahall bi~d and th~ b~fits and advaMapN irNrn~
ro d» rap.cttw Min. M~a1 npraMr.rtvw woo~.o+s «+d aatprr d M. ~.rria lnn~a
w and ~ t!w faid
M~ORTGJIGEE. Ns woon~on and awip~~iu ~D+' ~*~+~+w~„ woowon and asi~M, Mr~b'Y I~h and wvKdly wvNwN ~nd pr~
to p.y .11 and .~+pu~« d+. P.~nP.l and ~a.r.a .nd th. va.io~w and ~undry wms d n~a,.r ar•a• br ~n,. of .a~d pro~s~o~r ~+w.. «+d
~~O+N ~+d~ a~d rwrr. P~~Wh~ dm ~kwh ~e a~nr awsaaNp b~oonw dw.
Z. To phr dl and ~1+? Nw taxa. ~a~. N+~1~„ N.bili~, obliwtipr ~nd ~naMwb«~w of wKy nnw~ ~nd kind now on said d~serfb~d
WaPK~Y. p 11Mt hl~NfMf IIVy ~ iq~PpMd, M1~~iM'~, iflKAd. ~vi~. 01 ~MW~d 1hNlOIL M t~iN hMN~Mf IMy ~ Irvi~ Ot NMN~ up011 1h1~ ~Oft~
~r Of 1~M ~NdIMM MQK+~ ~M?~. N~~1 Nld fM~fr. M1+IM1 dIN M1d oir~y. ~CGOi?'~III~ b jI1M• bf~01f 1~My ~00/11~ ~/I~YpI~~ M1d ~Of'~ MIy MIM'/M
w,~,? P.~.n,, a~w..e: wrro ~~aoF~e ~s ~urr t~~ ~s oF RccoRO n~ s~ snnu ~ rRO~wT~r snris~~eo ~NO eisc~o of
RKORO ANO T!~ ORIG1NAl OfFKtAt DI~CIHNffiT ISNCM AS„ FOR IHST/1NCE. TNE TAX RECEIPT OR tNE SATtSFACTION PAPER OfFK1Atl1f ENOORSEG
OR tERtIftEO) SHAtI iE rLACFD !N 1NE MAA1p~S Of SI{ID MpRTGJ1GEE yb~iN1N TEN DAYS NEXT AFTER PAYMENT~ ard in tM wwM tirt ~ny tlwr~pf M nol
paid, saYsfi~d and diKl~d ~a:d MORIGAGEE msy ~t ~eryr tine phr th~ wne o. ~ny part d~.wf wiN~ovt waivinp a~ffMinp a~w aWion, liwn. puihr or
•ipM und~r or by virtw of M+i~ mwtyap~ and Nw fuN «nowa of ~ r+d ev~y wch p~y~nt ~1wN b~ ~nxmdi~alp dw and par~bN ~nd sba!! bw iia~r~p
i~OT IIM diN f1~NMIf WNiI /Nid ~f r~ff Of Rin! pM pnfWq pM M1fNM1 ~ ~fh NK1~ iMNMt ~IUII b! fKw~ 1?y fIN IiM Of 1l~:~ InOrot~-
eo~~~ Pa~E ~sz
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